Examlex
Every country in the world has an independent central bank.
Simple Ranking Method
The simple ranking method involves having the manager rank-order each member of a particular work group or department from top to bottom or from best to worst.
Performance Appraisal
A structured assessment process where an employee's effectiveness and achievements are reviewed and communicated by supervisors.
Central Tendency Error
A bias in performance appraisal where evaluators unfairly rate most employees around the average or middle of the scale.
Establishment Stage
A phase in career development where individuals focus on achieving stability and success in their chosen profession.
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